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$233M for Brightcove, regulators crack down on Monzo and Northvolt hands out bonuses

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3M for Brightcove, regulators crack down on Monzo and Northvolt hands out bonuses

This week we tracked more than 65 tech funding deals worth over €465 million, and over 5 exits, M&A transactions, rumours, and related news stories across Europe.. In addition to this week’s top financials, we’ve also indexed the most important/industry-related news items you need to know about.

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Either way, let’s get you up to speed.


💸 Notable and big funding rounds

🇳🇱 Cradle raises €69.5M funding

🇬🇧 Vertical Aerospace raises €47.6M funding as part of €171.1 million rescue deal

🇧🇬 Ampeco secures $26M to accelerate global EV charging networks

🇳🇱 Pyramid Analytics receives $50M in financing from BlackRock


🫱🏽‍🫲🏻 Noteworthy acquisitions and mergers

🇮🇹 Bending Spoons is taking video platform Brightcove private in $233M acquisition

🇪🇸 Visma strengthens its offering with the acquisition of tugesto

🇮🇪 Accenture acquires Award Solutions


🚀 Interesting moves from investors

🇩🇪 This German VC taps founders of decacorn SumUp and Amsterdam’s Felyx as new partners

💴 Alaluz Capital launches the ALX Firsttech Fund to invest in software startups

🗞️ In other (important) news

🔋 In the middle of the storm, Northvolt wants to give them bonuses – of SEK59 million

👮‍♀️ Monzo accused of ‘especially concerning’ regulatory breaches by competition watchdog

🔒 UK seeks collaboration for security research lab to counter Russia and ‘new AI arms race’

⚡️ Increased power needs ‘biggest challenge’ for data centres


📡 Recommended reads and listens

🤖 Why more unicorns shouldn’t be Britain’s end goal

🏭 Solaris says “close to finalising agreement” amid reports of urgent €100M funding round

🇫🇮 Corning offers bundle of commitments in bid to settle EU antitrust probe

🇪🇺 Innovations driving Europe’s space industry


🔭 European tech startups to watch

🇨🇭 Insurtech Poncho raises €590,000 for weather-insured travel

🇬🇧 Vinter secures €1.4M for AI-powered recruitment

🇫🇷 Biodiversity startup Darwin secures €1.5M for nature data analysis

🇨🇿 Czech spinout DYNANIC secures €550,000 pre-seed

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